Global Continuous Glucose Monitoring Market, By Component (Integrated Insulin Pumps, Transmitters and Receivers and Sensors), Demographics (Child Population (<=14 Years) and Adult Population (>14 Years)), End User (Clinics and Diagnostic Centers, Home Care, Private Clinics, Hospitals and Others), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, U.A.E, Egypt, Israel, Rest of the Middle East & Africa)-Industry Trends and Forecast to 2029.
Market Analysis and Insights Global Continuous Glucose Monitoring Market
The continuous glucose monitoring market is expected to witness market growth at a rate of 16% in the forecast period of 2022 to 2029. Data Bridge Market Research report on continuous glucose monitoring market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in the incidence of diabetes is escalating the growth of continuous glucose monitoring market.
Continuous glucose monitoring (CGM) devices are known to offer real-time information on blood glucose levels, less insensitively than conventional glucose monitoring devices, marking a noteworthy alteration in the diabetes care.
Major factors that are expected to boost the growth of the continuous glucose monitoring market in the forecast period are the rise in the adoption of advanced diabetic care devices. Furthermore, the growing of the diabetic population around the world is further anticipated to propel the growth of the continuous glucose monitoring market. Moreover, the increase in the number of geriatric population is further estimated to cushion the growth of the continuous glucose monitoring market. On the other hand, the dearth of adequate reimbursement of medical devices is further projected to impede the growth of the continuous glucose monitoring market in the timeline period.
In addition, the growing investment and technological innovation led to adoption of minimally invasive techniques will further provide potential opportunities for the growth of the continuous glucose monitoring market in the coming years. However, incorrect detection which might conclude in medical health complications might further challenge the growth of the continuous glucose monitoring market in the near future.
This continuous glucose monitoring market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the continuous glucose monitoring market, contact Data Bridge Market Research for an Analyst Brief, Our team will help you take an informed market decision to achieve market growth.
Global Continuous Glucose Monitoring Market Scope and Market Size
The continuous glucose monitoring market is segmented on the basis of component, demographics and end user. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them in making strategic decisions for the identification of core market applications.
- On the basis of component, the continuous glucose monitoring market is segmented into integrated insulin pumps, transmitters and receivers and sensors.
- On the basis of demographics, the market is segmented into child population (<=14 years) and adult population (>14 years).
- On the basis of end-user, the continuous glucose monitoring market is segmented into clinics and diagnostic centers, home care, private clinics, hospitals and others.
Continuous Glucose Monitoring Market Country Level Analysis
The continuous glucose monitoring market is analysed, and market size insights and trends are provided by country, component, demographics and end user as referenced above.
The countries covered in the continuous glucose monitoring market report are the U.S., Canada, and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of the Middle East and Africa (MEA) as a part of the Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the continuous glucose monitoring market due to the occurrence of a well-established healthcare sector. Furthermore, the incidence of effective reimbursement policies, and rise in the awareness regarding the advanced technologies in diabetes management will further boost the growth of the continuous glucose monitoring market in the region during the forecast period. Asia-Pacific is projected to observe significant amount of growth in the continuous glucose monitoring market due to the rise in the number of diabetic patients. Moreover, the growing obesity cases and increase in the socio-economic changes is further anticipated to propel the growth of the continuous glucose monitoring market in the region in the coming years.
The country section of the continuous glucose monitoring market report also provides individual market impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points such as consumption volumes, production sites, and volumes, import-export analysis, price trend analysis, cost of raw materials, downstream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure Growth Installed Base and New Technology Penetration
The continuous glucose monitoring market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kinds of products for the continuous glucose monitoring market, the impact of technology using lifeline curves, and changes in healthcare regulatory scenarios and their impact on the continuous glucose monitoring market. The data is available for the historic period 2010-2020.
Competitive Landscape and Continuous Glucose Monitoring Market Share Analysis
The continuous glucose monitoring market competitive landscape provides details by a competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to the continuous glucose monitoring market.
Some of the major players operating in the continuous glucose monitoring market are Abbott, Integrity Applications., OrSense - non-invasive technologies, Medtronic, IQVIA, Johnson & Johnson Services Inc., ARKRAY USA, Inc., Dexcom, Inc., SRL Diagnostics., Insulet Corporation., GlySens Incorporated., Senseonics, and Terumo Corporation among others.
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